Description

Duration

12 months

Processing time

4-6 weeks

Converts to Citizenship after

84 Month(s)

PR after

36 Month(s)

Complexity

Low

Governmental Fees

334USD

Requirements:

You need a passport valid for at least 6 months. You need to establish a business or invest in Zambia. You need Investment license from ZDA (not mandatory). You need to pay Prescribed fee.

Documents:

Covering letter addressed to the Director General of Immigration. Duly completed Application for an Investor’s Permit (Form 27). Certificate of Incorporation. Certificate of Share Capital (where required). Certificate of Minimum Capital. Investment license from ZDA (not mandatory). List of Directors. Proof of personal investment (Bank Statement, Money transfer, ZRA Form CE20, Bill of Lading from ZRA). If an investor is forming his own company, he or she should bring in at least US$250,000. If he/she is joining an existing company, it should be at least US$150,000. Proof of ownership or lease agreement in Zambia. Certified copy of valid Passport (bio data & last endorsement stamp for Zambia). 2 recent passport size photographs. Prescribed fee.

Cost of living

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